Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Credit Unions vs Payday Loans in Littleton, CO
4 credit unions are headquartered in Littleton, with 55,620 members in total. Credit unions are member-owned and often offer small personal loans and payday alternative loans (PALs) at far lower rates than payday lenders.
- Credit unions
- 4
- Members
- 55,620
- Federal
- 0
- State-chartered
- 4
Credit unions vs payday loan stores in Littleton
Littleton has 4 credit unions headquartered here and just 1 payday, installment or title loan store. Local credit unions count 55,620 members — roughly 17 memberships per 100 residents.
Credit unions
4
1.3 per 100k residents
55,620 members
Payday & loan stores
1
0.3 per 100k residents
1 store chain
Biggest loan store chains in Littleton: Lendmark Financial Services (1).
Borrowing $500 for 6 months in Littleton
| Option | Payment | Total cost of borrowing |
|---|---|---|
| Installment loan at the Colorado rate cap (36% APR) | $92.30/mo | $53.79 |
| Credit union PAL (28% APR) | $90.27/mo | $41.62 |
| Payday loan renewed every 2 weeks (typical $15 per $100, not available in Colorado) | $75.00 every 2 weeks | $975.00 |
- Monthly payment at the Colorado rate cap vs median monthly household income
- 0.8%
Example calculation with fixed monthly payments; the payday row shows typical out-of-state pricing for comparison. Actual rates and terms vary by lender.
What it means for a household in Littleton
- Median household income
- $131,680
- A $400 emergency equals
- 1.1 days of income
- Households earning under $25,000
- 6.0%
- Residents below the poverty line
- 3.9%
Income and poverty: U.S. Census Bureau, American Community Survey, by ZIP code; figures for Littleton are population-weighted and approximate. Hours of work are based on the median individual income.
Payday loans vs credit union PALs: the rules in Colorado
| Payday loan in CO | Credit union PAL | |
|---|---|---|
| Legal status | Not allowed — storefront payday loans are banned | Offered by many federal credit unions |
| Rate cap | Capped at 36% APR | Up to 28% |
| Term | Usually 2–4 weeks, due in one payment | 1 to 12 months, in installments |
| Credit check | Usually none; a bank account and income are required | Membership required; payments can be reported to credit bureaus |
Payday rules: Colorado law as summarized on our Colorado payday page. PAL rules: National Credit Union Administration (NCUA) rules for federal credit unions (PAL I and PAL II); state-chartered credit unions may offer similar small loans.
Credit unions headquartered in Littleton
| Credit union | Address | Members | Website |
|---|---|---|---|
| Colorado Credit UnionState-chartered | PO Box 270010 Littleton, CO 80127 | 27,309 | ccu.org |
| Red Rocks Credit UnionState-chartered | 8195 Southpark Ln Littleton, CO 80120 | 18,210 | redrocks.org |
| Arapahoe Credit UnionState-chartered | 7201 S Broadway Littleton, CO 80122 | 9,544 | arapahoecu.org |
| Options Credit UnionState-chartered | 5935 S Zang St, Unit 4 Littleton, CO 80127 | 557 | optionscreditunion.com |
Payday and installment loan stores in Littleton
For comparison: storefront payday, installment and title lenders in Littleton with addresses, phone numbers and hours. Check a credit union first — a PAL or small personal loan usually costs far less.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 8500 W Crestline Ave Ste G8 Littleton, CO 80123 | (720) 981-7720 | — | 3.3 |
More about Littleton
Only credit union headquarters are listed, with the address on file with the NCUA; phone numbers and branch locations are on each credit union’s website. Many credit unions also have branches in Littleton and nearby — check membership requirements, as some are open to anyone who lives or works in the area. Loan stores: storefront locations of major payday, installment and title lenders; call ahead to confirm hours.